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Alternative scenario: the downside breakout of 0.561 would call for 0.531 and 0.512.

0.561 is our pivot point.

Our preference: short term rebound towards 0.639.

Alternative scenario: the downside breakout of 0.561 would call for 0.531 and 0.512.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.59 and 0.6). PEC is currently trading near its 52 week low at 0.56 reached on 28/03/18.

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Written on 09-20-2018 at 03:28 UTC+1
Price reference: 0.59 last known on 09-20-2018 at 03:28 UTC+1
Investment horizon: ST

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